General Dynamics Corporation

NYSE-GD

Income Statement	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues					39,350	37,925	38,469	39,407	42,272	44,946
Total Revenues % Chg.					8.7%	-3.6%	1.4%	2.4%	7.3%	10%
Cost of Goods Sold, Total					32,363	31,600	32,061	32,785	35,600	37,902
Gross Profit					6,987	6,325	6,408	6,622	6,672	7,044
Selling General & Admin Expenses, Total					2,430	2,113	2,027	2,021	2,965	2,771
Other Operating Expenses, Total					2,430	2,113	2,027	2,021	2,965	2,771
Operating Income					4,557	4,212	4,381	4,601	3,707	4,273
Interest Expense, Total					-472	-489	-431	-391	-399	-385
Interest And Investment Income					12	12	7	27	56	56
Net Interest Expenses					-460	-477	-424	-364	-343	-329
Other Non Operating Income (Expenses)					105	3	-84	-201	620	332
EBT, Excl. Unusual Items					4,202	3,738	3,873	4,036	3,984	4,276
Restructuring Charges	—	—	—	—	—	—	—	—	—	—
EBT, Incl. Unusual Items					4,202	3,738	3,873	4,036	3,984	4,276
Income Tax Expense					718	571	616	646	669	731
Earnings From Continuing Operations					3,484	3,167	3,257	3,390	3,315	3,545
Earnings Of Discontinued Operations	—		—		—	—	—	—	—	—
Net Income					3,484	3,167	3,257	3,390	3,315	3,545
Net Income to Common Incl Extra Items					3,484	3,167	3,257	3,390	3,315	3,545
Net Income to Common Excl. Extra Items					3,484	3,167	3,257	3,390	3,315	3,545
Total Shares Outstanding					289	286	277.1	273.9	273.2	274.3
Weighted Avg. Shares Outstanding					288.3	286.9	280.4	275.3	273.1	273.3
Weighted Avg. Shares Outstanding Dil					290.8	287.9	282	278.2	275.7	276.5
EPS					12.1	11	11.6	12.3	12.1	13
EPS Diluted					12	11	11.6	12.2	12	12.8
EBITDA					5,386	5,090	5,271	5,485	4,570	5,131
Effective Tax Rate					17.1%	15.3%	15.9%	16%	16.8%	17.1%